Mutual funds don't just mean equity funds. Debt mutual funds (fixed income) today account for over 50% of total mutual funds AUM but it is largely dominated by institutions. In order to build a diversified portfolio, having a debt component in your portfolio is very important. Debt is largely uncorrelated to equity and tends to zag when equity zigs, thereby proving downside protection. However, debt funds as a category isn't properly understood by retail investors. In this episode, Rajesh Iyer, the former CEO of DHFL Pramerica Mutual Fund, explains the various categories of debt funds, their characteristics, and how to use them to build a diversified portfolio.
If you wish to check out the presentation, used in this webinar, you can watch the video here.
This webinars is part of our Zerodha Educate initiative.
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